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Technology@lemmy.worldEnglish · 10 hours ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

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AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure: A $20 billion setback.

eicker@lemmy.world to

Technology@lemmy.worldEnglish · 10 hours ago

AI Bubble Teetering on the Brink as OpenAI Admits to Massive Financial Failure

It turns out that AI demand is significantly lower than expected, as OpenAI shaves $20 billion off its revenue expectations for 2026.

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3 hours ago
I dunno, iheartmedia was heavily in debt for over a decade. I don’t think this bubble is popping anytime soon

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